News
Motorpoint plans further stores as profits surge
Motorpoint Group reported record sales volumes and a significant increase in profit before taxation. Total revenue increased 8.1% to £1,268.6m and profit before tax increased 82.9% to £7.5m, and EBITDA by 15.1% to £27.5m. Mark Carpenter, CEO of Motorpoint Group,…
Vertu raises funds for St David’s Hospice Care at Dalmatian Bike Ride
Newport-based van leasing and sales business Vansdirect raised over £400,000 for St David’s Hospice Care at the Dalmatian Bike Ride, which saw 300 riders take on the challenge in and around Newport and Brecon. The business sponsored a rider jersey…
Lepas shares full UK aftersales and warranty details
Lepas has revealed full details of its aftersales and warranty offering in the UK. This includes 7-year/100,000-mile vehicle warranty as standard on models, ensuring most customers are no more than 30 minutes from a Lepas outlet, and RAC roadside assistance…
Motor finance redress payments delayed until 2027
The Financial Conduct Authority (FCA) said this week that payments made under the motor finance redress scheme will, if it goes ahead, be delayed until 2027. The FCA told MPs yesterday that payouts are likely to be delayed after complains…
Lookers reveals £2mn Mercedes-Benz of Worcester transformation
Lookers’ Mercedes-Benz showroom in Worcester underwent a major £2 million investment. The dealership, on Hindlip Lane, now reflects the Mercedes-Benz new corporate identity. The showroom now includes relaxing, no-pressure lounge areas, digital concierge services, service drop-off zones and a new…
Eurorepar Car Service network returns to exhibitions with UK GBE
The Eurorepar Car Service (ERCS) network has marked its return to exhibition’s with the UK Garage and Bodyshop Event (UK GBE). It has revealed plans for future events over the next few years, following the creation of the Octago joint…
MarketCheck highlights record month for used electric van sales
MarketCheck has revealed that April was the strongest month on record for used electric van sales in the UK. A total of 1,051 used electric vans were sold, marking the first time the market has broken through the 1,000-unit mark…